Zahlungsdienst: Advent und Stripe geben offenbar Übernahme von Paypal auf

Advent, a financial investor, and Stripe, a payment services provider, have reportedly abandoned their plans to acquire PayPal, according to Bloomberg news agency citing insiders. The deal, which would have been one of the largest leveraged acquisitions ever, was reportedly being pursued by the consortium. Sources suggest the group had offered over $50 billion for the company.

After the news broke on Friday, the PayPal stock price fell in after-hours trading on the alternative trading platform, Blue Ocean, by as much as 14 percent. Representatives for Advent, PayPal, and Stripe declined to comment. PayPal was founded in the late 1990s and was a pioneer in digital payments. However, the company has struggled to modernize its payment technologies.

Competitors such as Apple and Alphabet have recently gained market share. The interest in the acquisition and strong earnings results in the second quarter had earlier fueled investor enthusiasm. The PayPal stock price rose more than 40 percent during the quarter, bringing the company's market value to around $52.6 billion.